U.S. Economy

Trump's comments one day before the nation's first-quarter GDP estimate is released.

During the second and third weeks of March, when the majority of states implemented strict stay-at-home measures and directed businesses deemed non-essential to shutter to mitigate the spread of the virus, the closure rate of businesses skyrocketed.

It is possible that workers could ask their bosses to leave them on furlough so they can collect the larger payments while avoiding potential health risks of returning to crowded workplaces.

"E-Tran,” the SBA’s electronic loan guarantee system, has been beset by technical errors and access issues since the second wave of funding for the low-interest loan program launched.

Congress established the $349 billion program at the end of March to provide low-interest loans to small businesses.

At least 222 public companies received forgivable loans totaling more than $870 million.

The loan program, which relaunched Monday morning, exhausted its initial $349 billion in funding within 13 days.

The bank will release full details of its earnings results on Wednesday as scheduled.

The U.S. government will cap how much each bank can lend under the emergency loan program designed to keep workers on payrolls amid the coronavirus pandemic

Colorado is among the first wave of U.S. states beginning an experiment to reopen economies without the testing and contact-tracing infrastructure health experts say is needed to prevent a resurgence of the coronavirus.

President Trump said he and Apple CEO Tim Cook are both expecting a dramatic economic recovery from the coronavirus pandemic.

Sweden didn't lock down the country for coronavirus in order to protect its economy.

More than four in 10 businesses — or 2.4 million out of the 5.3 million studied — operate in higher-risk industries

There’s been a fierce backlash against the program after the initial $349 billion in funding was depleted within two weeks

The bill will add to the already unprecedented levels of federal spending.

Rubio said the funding will include returned aid from large public companies.

The coronavirus pandemic has made access "more urgent," the Fed said.

States are also hemorrhaging cash trying to respond to the virus outbreak.

At least 75 publicly traded companies — some with market values of well over $100 million — tapped the government-backed loans.

Gap said if it is unable to renegotiate the leases and continue to suspend rent payments, the landlords under a majority of the leases in the U.S. could allege the company is in default.